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Barcelona Raise 1.45 bn Euros For Camp Nou Rebuild

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Barcelona said on Monday they had secured 1.45 billion euros ($1.6 billion) in funding for a redevelopment plan and would start the renovation of the Camp Nou stadium on June 1.

The club said in a statement that the money had come from deals with 20 investors who would receive repayment over periods of between five and 24 years. Barcelona said they would start paying back the loans when the work was completed.

In addition to the football stadium the plan, called ‘Espai Barca’, includes spending on other club facilities. It includes 420m euros earmarked for the Palau Blaugrana, home of the club’s basketball and handball teams, and 20m euros for the Johan Cruyff stadium where the men’s reserve and women’s football teams play.

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READ ALSO: Four Barcelona Players Against Messi’s Return To Camp Nou Revealed

The club said they expected the work on the Camp Nou to be completed by 2026. The men’s first team will play at the Olympic stadium on Montjuic before returning in the 2024-25 season to a Camp Nou not yet at full capacity.

Barcelona are emulating their main Spanish rivals Real Madrid who began the latest renovation of their Bernabeu Stadium in 2019.

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The club is emerging from a financial hole which led to losses of 481 million euros in 2020/21 which led to the departure of the club’s all-time leading scorer Lionel Messi.

READ ALSO: Barcelona Facing Champions League Ban Over Payments To Referee

Last summer the club raised around 750 million euros by selling 25 percent of their La Liga television rights for the next 25 years and 49 percent of its Barca Studios.

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EPL: Mikel Obi Reveals Why Chelsea Failed To Beat Arsenal in 1-1 Draw

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Former Super Eagles midfielder, John Mikel Obi, has claimed Chelsea failed to defeat Arsenal in the Premier League on Sunday, because of an early red card to Moises Caicedo.

The two London rivals played out a pulsating 1-1 draw at Stamford Bridge.

Caicedo was sent off in the 38th minute following a VAR check.

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READ ALSO:EPL: Why Arsenal Could Win The Title This Season – Guardiola

But it was Chelsea who took the lead after the break, thanks to Trevor Chalobah’s header.

But the Gunners equalized through Mikel Merino.

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So far this season, Chelsea have received seven red cards in 20 games across all competitions this season.

READ ALSO:EPL: Alan Smith Names Only Two Clubs To Compete For Title

That’s four red cards this season; it’s not good enough. I’ve spoken about it; the manager needs to talk with the players, because it’s costing us games as well,” Mikel Obi said on his podcast.

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“If you look at that game, if we finished with eleven men, I think we could’ve won. Maybe not easily, but comfortably, we could’ve secured a win.”

 

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EPL: Slot Reveals When Salah Will Leave For AFCON

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Liverpool manager, Arne Slot, has revealed that Mohamed Salah was “not happy” to be dropped for their 2-0 win at West Ham on Sunday.

Salah was named on the bench at the London Stadium for the Premier League fixture.

Slot took the bold decision, as he looked to arrest a poor run of form, that saw the Reds lose nine of 12 matches.

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READ ALSO:EPL: Berbatov Names Team That Can ‘Surprise’ Arsenal In Title Race

Salah was not summoned from the bench for the entire 90 minutes, as goals from Alexander Isak and Cody Gakpo sealed victory.

It was a normal reaction for a player who is good enough to play for us,” Slot said.

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“I say that mildly as he’s been so outstanding for this club and will be in the future. He wasn’t happy he wasn’t starting but he wasn’t the only one.”

READ ALSO:EPL: Man Utd Suffer Fresh Injury Blow Ahead Of Everton Clash

Salah could yet return to the starting line-up as Liverpool host Sunderland in the Premier League on Wednesday night.

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The 33-year-old will remain available for the next four matches, before he leaves to join Egypt’s squad for the African Cup of Nations.

“It’s 15 December,” Slot confirmed.

But always in these situations there is the player and the national team involved and there are always talks about what is best for all three of us.”

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Davido Reacts As Gov Adeleke Dumps PDP

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Afrobeats star David Adeleke, popularly known as Davido, has reacted to the shock resignation of his uncle, Osun State Governor Ademola Adeleke, from the Peoples Democratic Party (PDP).

The singer kept it short but loaded, posting “Jeje… ” widely interpreted as a subtle message of calmness, quiet movement, or strategic withdrawal as the political storm around the governor intensifies.

Governor Adeleke’s resignation, though only discovered on Monday night was actually tendered on 4 November 2025, ahead of the party’s national convention in Ibadan. His aide, Olawale Rasheed, leaked the letter online, confirming the governor had walked away from the troubled party weeks ago.

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READ ALSO:Gov Adeleke Resigns From PDP

In the letter addressed to his Ward 2 chairman in Ede North, Adeleke cited the unresolved crisis at the PDP national level as the reason for quitting. He appreciated the party for backing his rise as senator and later governor.

The revelation has thrown today’s scheduled Osun 2026 governorship primary into confusion. While the state chapter announced a postponement due to factional firestorms, the National Working Committee insists the primary must hold — even though Adeleke remains the only aspirant who bought the form.

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There is growing speculation that the governor is now eyeing a second term under the Accord Party, which several of his aides are rumoured to have already infiltrated and taken over in Osun.
His earlier attempt to defect to the APC reportedly hit a brick wall, with party leaders rejecting his move.

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